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Operations management refers to the management of planning, organising and supervising the production, manufacturing or the provision of services. The [course_title] course focuses on the theories of Operation Management and guides you to apply the theories in the practical business world.

The topics covered in the course are the quantitative models and theoretical tools underlying some of the customer-driven operational practices of the famous companies. You will know how some reputed companies have succeeded in focusing their operating systems on the customer

Finally, the course teaches you about the distribution systems, short life-cycle product management, and forecast evolution models.


This course does not involve any written exams. Students need to answer 5 assignment questions to complete the course, the answers will be in the form of written work in pdf or word. Students can write the answers in their own time. Each answer need to be 200 words (1 Page). Once the answers are submitted, the tutor will check and assess the work.


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Course Credit: MIT

Course Curriculum

Module 01
Centralized Ordering Policies in a Multi-Warehouse System with Lead times and Random Demand 00:26:00
A Multi-Echelon Inventory Model for a Repairable Item with One-for-One Replenishment 00:24:00
Optimal Inventory Policies for Assembly Systems Under Random Demand 00:25:00
Order-Based Cost Optimization in Assemble-to-Order Systems 00:24:00
Lead-time Inventory Trade-offs in Assemble-to-Order Systems 00:23:00
Optimal Control of High-Volume Assemble-to-Order Systems 00:25:00
Modeling the Evolution of Demand Forecasts with Application to Safety Stock Analysis in Production Distribution Systems 00:24:00
A Dynamic Model for Requirements Planning with Application to Supply Chain Optimization 00:26:00
Analysis of a Forecasting-Production-Inventory System with Stationary Demand 00:24:00
Module 02
Reducing the Cost of Demand Uncertainty Through Accurate Response to Early Sales 00:22:00
Forecasting and Inventory Management of Short Life-Cycle Products 00:26:00
Managing Demand and Sales Dynamics in New Product Diffusion Under Supply Constraint 00:23:00
Accurate Retail Testing of Fashion Merchandise Methodology and Application 00:25:00
Stocking Retail Assortments Under Dynamic Consumer Substitution 00:24:00
Managing Customer Relationships Through Price and Service Quality 00:25:00
Improving Service by Informing Customers About Anticipated Delays 00:00:00
A Method for Staffing Large Call Centers Based on Stochastic Fluid Models 00:25:00
The Efficiency-Quality Trade-Off of Cross-Trained Workers 00:23:00
Submit Your Assignment 00:00:00
Certification 00:00:00

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